STOCK MARKET: The Star Wars Explosion

"It is the biggest picture to play a
Broadway theaterever," says a spokesman for Loews, the conglomerate
that operates one of the nation's largest movie chains. That kind of
talk about the science-fiction movie Star Wars finds avid listeners
among investors and stockbrokers disgusted by the aimless zigs and zags
of a dispirited market. The price of shares in 20th Century-Fox, the
maker of Star Wars, has more than doubled since the film opened in 32
theaters four weeks ago, leading a boom in movie and entertainment
stocks generally. MGM has roared...